Is Dukascopy a Scam?

Dukascopy Scam Test

Dukacopy is a Swiss company that provides forex trading and they are one of the most important brokers in the world of trading in general. They were the best providers of liquidity in 2017 and they had the best trading platform in 2016. In this Is Dukascopy a Scam article we decided to test them in order to see if they are really that good. Read our unbiased analysis and find out all you need to know!

Is Dukascopy a Scam? | Regulation

When the safety is subject, there are several parameters one should constantly keep in mind. For example, you always have to check out the rules of monetary transactions and whether they are secure or not. But, before discussing the monetary transaction rules we’d like to say a few words on another very important mater – regulation. Only if a broker is regulated you can be absolutely sure that it’s completely safe to trade with them.

When it comes to Dukascopy, the company is regulated by the Financial and Capital Market Commission (FCMC). Besides that, as already mentioned in our Dukascopy Review 2018, the broker has signed, along other Swiss banks and securities dealers’, a particular agreement regarding deposits protection, which means that clients’ deposits are fully protected. In the next paragraph of our Is Dukascopy a Scam? analysis you can check out what money transferring options this broker offers. Stay with us!

Dukascopy Regulation Information

Is Dukascopy a Scam? | Money Transfers

Monetary transactions are the most important part of every trading process. First of all, you need to make your first transaction (deposit) in order to make an account, and when you earn some money, you can always withdraw it. Since these transactions are important, you want to know that the broker provides you with the safest environment possible. Luckily, that’s exactly what Dukascopy does.

The company offers two safe ways you can fund your account – bank wire and credit/debit cards. When it comes to credit and debit cards, you can choose between Maestro, Visa Electron MasterCard and Visa. These are pretty much crucial cards one can use in transfers. We’ve tried both ways and we can say that they work perfectly. We’d also like to point out that the way used for deposit must be used for withdrawal as well. Also, the company has many currencies you can choose between: USD, EUR, NZD and so on, which is also a sign of a legit broker.

Dukascopy Funding Options

Is Dukascopy a Scam? | Conclusion

In the conclusion of our Is Dukascopy a Scam? article we’d like to underline all the essential facts which were already mentioned. Let’s start with the basics, that is – regulation. As you’ve read, the company is regulated by the Financial and Capital Market Commission so you have absolutely nothing to worry about. They are completely secure to trade with and they provide you safest trading environment possible. The same goes for the monetary transfers. You can choose between wire transfer and credit/ debit cards, and all of those ways function just fine. Open an account with Dukascopy and take the money now!

Author's overall rating:

Author: Ben Prescott

Updated: April 15, 2018

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